In May 2024, Suzuki Motorcycle India Limited saw more sales in the local market compared to both last month and the same month last year. However, exports dropped a lot compared to last year. They sold a total of 1,11,512 units in May 2024, which is 22.12% more than the 91,316 units sold in May 2023. This means they sold 20,196 more units. The Access 125 and Burgman Street scooters are their best-sellers.
Suzuki YoY Sales May 2024 | ||||
Suzuki Sales | May-24 | May-23 | Difference | Growth YoY |
Domestic | 92,032 | 67,040 | 24,992 | 37.28 |
Exports | 19,480 | 24,276 | -4,796 | -19.76 |
Total | 1,11,512 | 91,316 | 20,196 | 22.12 |
Suzuki sold 92,032 motorcycles and scooters in India, which is 37.28% more than the 67,040 sold in May 2023, setting a new record. They sold 24,992 more units locally, making up 82.53% of total sales.
However, exports dropped by 19.76%, with 19,480 units shipped compared to 24,276 units last year, a decrease of 4,896 units. Exports made up 17.47% of total sales.
Suzuki MoM Sales May 2024 | ||||
Suzuki Sales | May-24 | Apr-24 | Difference | Growth MoM |
Domestic | 92,032 | 88,067 | 3,965 | 4.50 |
Exports | 19,480 | 11,310 | 8,170 | 72.24 |
Total | 1,11,512 | 99,377 | 12,135 | 12.21 |
Comparing sales from April 2024 to May 2024, Suzuki's total sales (domestic + exports) grew by 12.21%, with 12,135 more units sold, increasing from 99,377 to 111,512 units.
Domestic sales went up by 4.50%, from 88,067 units in April to 92,032 units in May. Exports saw a big jump of 72.24%, rising from 11,310 units in April to 19,480 units in May, an increase of 8,179 units.
The Managing Director of Suzuki Motorcycle, Mr. Kenichi Umeda, said, “Achieving the record-breaking monthly sales of 1,11,512 units is a significant milestone for us. This impressive performance highlights SMIPL’s growing market presence in the country. We deeply appreciate the love and trust of our customers for the brand Suzuki. This achievement is also a result of the commitment of our dealer network, business associates and team members. We are very thankful to the entire Suzuki Family and will provide best services and hospitality to all the Customers.”
Before you go, don’t forget to check out the recently launched Kawasaki Ninja ZX-4RR in India.
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